Robert Steele
Judgement sale and IRS
Chase (the mortgage holder) took a homeowner to court and got a judgement against them (for what specifically it doesn't say) for more than the loan amount. So they are selling the house at a Sheriffs sale. I am no...
Luiggi Perdomo
To Ground or Not to Ground?
So I'm doing a flip with my wife in Arlington, TX. We set aside some money to update the electrical in parts of the home. My contractor called me and said that the electrician says nothing in the house is grounded. To...
David Whartnaby
Am I crazy to make an offer?
Hi all, I live in Fargo, ND and the market has been hot here but has slowed down during the last quarter. Really tough to find deals still though. I visited a FSBO property and spoke with the owner...
The home is a 2...
Pablo Espin
Stuck on how to acquire funding, for my next deal
Looking for guidance/suggestions. I am fairly new to REI. I have my Primary home VA loan ($410k). While coming back from my deployment I finally pulled the trigger and bought two rental properties. 1st deal was a conv...
Adam K.
Leaving CA. Hold my primary or sell and reinvest?
Orange County, CA ( La Habra) On my current residence, owe approx $335k + $135k HELOC (down payments for out of state rentals). Home worth $825k give or take. Mortgage at 3.125% and a payment incl. taxes and insurance...
Taylor Shapiro
Student Housing Opportunity = Too Good to be True?
Hello all. I have an interesting deal I'd like to get your opinions on. A broker sent me an OM on an apartment building that was converted to student housing a few years ago. The owner's an older man with some health ...
Richard Alvarez
Tenant Bankruptcy -- delaying w Skeleton Bankruptcys -- 3rd party taking over space?
I need help and hope someone has tried this before. I have a tenant that has not paid for over 6 months rent (becoming dire), they continue with first a Skeleton Bankruptcy, followed by not completing the paperwork pr...
John Prunier
Renovate or cosmetics when old tenant moves out?
I'm in a bit of a dilemma. I purchased a two family about a year and a half ago. I inherited the tenants above me and they just notified me that they are moving south so they will be out January 1. It is bad timing a...
Steven Barr
Can’t find profitable fix and flip
I have been flipping properties for 2-3 years and have done a fair amount of deals. All profitable I have 7 houses for sale right now and having some trouble selling them with this market slowdownMeanwhile, I have bee...
Chad Johnson
Flipping Newbie -Investor/Partner deal... Is this a good deal for me?
Okay guys I have never done a rehab a wholesale, or anything of the sort. Fortunately my father owns rental properties - both commercial and residential, my sister is a real estate agent, and I have been studying ...